Practice Areas
Florida Medicaid Planning
 It is an unfortunate fact of life that either you or your
spouse -- or both of you -- may wind up needing to be placed
in a nursing home one day.
This is becoming an increasing common problem for many
as our life expectancy continues to grow longer and longer.
Once you reach 65 years of age, you will likely live until
you are in your 80’s. As a result, nearly one
of every two women and one in four men will find themselves
in a nursing home some time in their lives.
Unfortunately, Medicare will usually not pay for it,
which means that you could be faced with having to pay
thousands of dollars per month in nursing home cost out
of your own pocket.
In Florida, as in most states, you are required to “spend
down” all of your income and give up most, if not
all, of your assets before Medicaid will help pay their
nursing home costs. Fortunately, there is another
option, however. With proper planning, you can protect
your income and assets and you can get Medicaid to pay
for those expensive nursing home costs for you or your
loved one.
We can show you legal techniques and strategies that
will allow you to be covered by Medicaid and still keep
your home and many of your assets or to allow you to give
some of your assets away to family members or other loved
ones now.
|
